Market Exclusive

CECO Environmental Corp. (NASDAQ:CECE) has coverage initiated with a Buy rating and $9.50 price target

Analyst Ratings For CECO Environmental Corp. (NASDAQ:CECE)

Today, B. Riley initiated coverage on CECO Environmental Corp. (NASDAQ:CECE) with a Buy with a price target of $9.50.

There are 4 Buy Ratings, 1 Hold Ratings, no Strong Buy Ratings, no Sell Ratings on the stock.

The current consensus rating on CECO Environmental Corp. (NASDAQ:CECE) is Buy with a consensus target price of $9.30 per share, a potential 33.05% upside.

Some recent analyst ratings include

About CECO Environmental Corp. (NASDAQ:CECE)
CECO Environmental Corp. provides critical solutions to the environmental, energy, and fluid handling and filtration industries worldwide. The company operates through three segments: Energy, Environmental, and Fluid Handling and Filtration. The Energy segment offers gas turbine exhaust systems, dampers and diverters, gas and liquid separation and filtration equipment, selective catalytic reduction and selective non-catalytic reduction systems, acoustical components and silencers, secondary separators, and expansion joints for the power and petrochemical industries. The Environmental segment designs and manufactures cyclone systems; scrubbers; regenerative thermal and catalytic oxidizers; dust collectors and baghouses; standard and engineered industrial ducting products; fabric filters and cartridge collectors; ventilation and exhaust systems for emissions and contaminants; and process cooling systems for steel in rolling mills. This segment also provides component parts for industrial air systems; and alternatives to traditional duct components, as well as custom metal engineered fabrication services. The Fluid Handling and Filtration segment designs and manufactures centrifugal pumps for corrosive, abrasive, and high temperature liquids; filter products for air and liquid filtration; precious metal recovery systems; carbonate precipitators; and air movement and exhaust systems for use in the aquarium/aquaculture, plating and metal finishing, food and beverage, chemical/petrochemical, wastewater treatment, desalination, and pharmaceutical markets. The company markets its products and services to natural gas processors, refineries, power generators, boiler manufacturers, and compressor manufacturers; and transmission and distribution, metals and minerals, industrial manufacturing, engineering, and construction companies directly and through sales representatives. CECO Environmental Corp. was founded in 1966 and is headquartered in Dallas, Texas.

Recent Trading Activity for CECO Environmental Corp. (NASDAQ:CECE)
Shares of CECO Environmental Corp. closed the previous trading session at 6,99 +0,0100 0,14 % with 6.92 shares trading hands.

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